Choom Holdings (Choom Holdings) Total Current Assets : $1.30 Mil (As of Dec. 2021)

View and export this data going back to 2012. Start your Free Trial

What is Choom Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Choom Holdings's total current assets for the quarter that ended in Dec. 2021 was $1.30 Mil.

Choom Holdings Total Current Assets Historical Data

The historical data trend for Choom Holdings's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Choom Holdings Total Current Assets Chart

Choom Holdings Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Total Current Assets

Get a 7-Day Free Trial

0.10

7.82

5.35

2.16

1.88

Choom Holdings Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Total Current Assets	Get a 7-Day Free Trial															2.04	2.34	1.88	1.57	1.30

Choom Holdings Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Choom Holdings's Total Current Assets for the fiscal year that ended in Jun. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.258	+	0.472	+	0.744	+	0.401
	=	1.88

Choom Holdings's Total Current Assets for the quarter that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.571	+	0.031	+	0.405	+	0.294
	=	1.30

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Choom Holdings (OTCPK:CHOOF) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Choom Holdings's Liquidation Value for the quarter that ended in Dec. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.571	-	17.512	+	0.75 * 0.031	+	0.5 * 0.405
=	-16.72

Choom Holdings Total Current Assets Related Terms

Thank you for viewing the detailed overview of Choom Holdings's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Choom Holdings (Choom Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Choom Holdings Inc (OTCPK:CHOOF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1525 West 8th Avenue, Suite 208, Vancouver, BC, CAN, V6J 1T5

Website

https://www.choom.ca

Choom Holdings Inc is a Canadian cannabis retailer. It sells products under the brand name Choom. The company has two primary business units, Retail Cannabis, and Patient Counselling. It generates maximum revenue from the Retail Cannabis segment.